Shyam Metalics & Energy consolidated net profit rises 386.02% in the March 2021 quarter

Sales rise 116.90% to Rs 2350.51 crore

Net profit of Shyam Metalics & Energy rose 386.02% to Rs 387.50 crore in the quarter ended March 2021 as against Rs 79.73 crore during the previous quarter ended March 2020. Sales rose 116.90% to Rs 2350.51 crore in the quarter ended March 2021 as against Rs 1083.68 crore during the previous quarter ended March 2020.

For the full year,net profit rose 147.87% to Rs 843.36 crore in the year ended March 2021 as against Rs 340.24 crore during the previous year ended March 2020. Sales rose 43.89% to Rs 6297.07 crore in the year ended March 2021 as against Rs 4376.35 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2350.511083.68 117 6297.074376.35 44 OPM %26.6617.46 -22.1315.22 - PBDT629.51166.44 278 1355.32592.05 129 PBT549.1673.33 649 1054.96295.37 257 NP387.5079.73 386 843.36340.24 148

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